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QUESTION 1 You invested $1,000,000 into a business and the return (i.e. income / profit) is $100,000. What is the return on investment (ROI)? 1

QUESTION 1

  1. You invested $1,000,000 into a business and the return (i.e. income / profit) is $100,000. What is the return on investment (ROI)?

1 points

QUESTION 2

  1. You invested $2,000,000 into a business and gain a 15% return on investment. What is the amount of return (i.e. income / profit)?

1 points

QUESTION 3

  1. Your business has an income before tax of $1,000,000 and the tax is $200,000. What is the income after tax?

1 points

QUESTION 4

  1. Your business has an income after tax of $400,000 and the tax is $100,000. What is the income before tax?

1 points

QUESTION 5

  1. Your business has a return (i.e. income before tax) of $200,000, which is subject to a tax of 30%. What is the amount of tax you need to pay?

1 points

QUESTION 6

  1. Your business has a return (i.e. income before tax) of $500,000, which is subject to a tax. If you need to pay $100,000 tax, what is the tax rate?

1 points

QUESTION 7

  1. A product is sold at $20 and its variable cost is $10. What is the contribution margin?

1 points

QUESTION 8

  1. A product is sold at $20 and its variable cost is $10. What is the variable cost percentage?

1 points

QUESTION 9

  1. A product is sold at $30 and its variable cost is $10. What is the contribution margin percentage?

1 points

QUESTION 10

  1. A product is sold at $30 and its variable cost is $10. What is the variable cost percentage?

1 points

QUESTION 11

  1. A product has a contribution margin percentage of 35%, what is the variable cost percentage?

1 points

QUESTION 12

  1. A product is sold at $20 and its variable cost is $10. It also has a fixed cost of $100,000. What is the breakeven sales revenue?

1 points

QUESTION 13

  1. A product is sold at $20 and its variable cost is $10. It also has a fixed cost of $100,000. What is the breakeven sales unit?

1 points

QUESTION 14

  1. A product is sold at $50 and its variable cost percentage is 50%. It also has a fixed cost of $500,000. What is the breakeven sales revenue?

1 points

QUESTION 15

  1. A product is sold at $50 and its variable cost percentage is 50%. It also has a fixed cost of $500,000. What is the breakeven sales unit?

1 points

QUESTION 16

  1. A product is sold at $100 and its contribution margin percentage is 40%. It also has a fixed cost of $800,000. What is the breakeven sales revenue?

1 points

QUESTION 17

  1. A product is sold at $100 and its contribution margin percentage is 40%. It also has a fixed cost of $800,000.What is the breakeven sales unit?

1 points

QUESTION 18

  1. Sales revenue is $600,000, fixed costs are $160,000, operating income is $40,000, the average selling price per unit is $20, and variable cost per unit is $8.00.What is the contribution margin?

1 points

QUESTION 19

  1. Sales revenue is $600,000, fixed costs are $160,000, operating income is $40,000, the average selling price per unit is $20, and variable cost per unit is $8.00.What is the breakeven sales revenue?

1 points

QUESTION 20

  1. Sales revenue is $600,000, fixed costs are $160,000, operating income is $40,000, the average selling price per unit is $20, and variable cost per unit is $8.00. What is the breakeven sales units?

1 points

QUESTION 21

  1. Fixed costs are $96,000, target operating income is $30,000 and the contribution margin is 62%. What is the sales revenue required?

1 points

QUESTION 22

  1. A restaurant wants a 15% after tax return on its investment of $600,000, assuming a 40% tax rate.

What is the return in $ required?

What is the income before tax required to achieve the 15% after tax return?

What is the amount of tax to be paid for the above income?

3 points

QUESTION 23

  1. A restaurant has sales revenue of $580,000 with a variable cost of sales of 42%. Fixed costs are $245,920. The owner wishes to have $86,000 after tax return on a tax rate of 32%.

What is the amount ofadditionalsales revenue needed to support the net income after tax?

What is the amount of tax?

What is the breakeven sales revenue?

3 points

QUESTION 24

  1. A restaurant has sales revenue of $1,000,000 with average variable cost of 40%. Fixed costs are $300,000. Tax rate is 25% and a net income after tax of $80,000 is required.

Find out the breakeven sales revenue.

Find out the total sales revenue required to cover fixed costs, tax, and the required net income after tax.

2 points

QUESTION 25

  1. A restaurant has an average check of $16. Its monthly sales revenue is $800,000, variable costs is $240,000 and fixed costs of $350,000.

What is the breakeven sales revenue?

What is the breakeven sales unit?

If actual sales revenue was $480,000, what would the restaurant's income be?

If actual sales revenue was $480,000, how many fewer customers per month would be served than at the forecasted sales level of $800,000? (average check remains at $16).

If price is increased and average check becomes $20 but the restaurant manages to keep thevariable cost (in $) the same as before, what would be the breakeven sales revenue?

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